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Newcrest Mining Ltd NCMGF


Primary Symbol: A.NCM

Newcrest Mining Limited is an Australia-based mining company. The Company's principal activities are exploration, mine development, mine operations and the sale of gold and gold/copper concentrate. The Company owns and operates a portfolio of brownfields and greenfields exploration projects. The Company’s assets include Brucejack, Cadia, Havieron, Lihir, Red Chris, Telfer and Wafi-Golpu. The Brucejack asset is located approximately 950 kilometers (km) from Vancouver, Canada. The Cadia asset is located approximately 25 km from Orange, New South Wales (NSW). The Havieron asset is located approximately 45 km east of Telfer. The Lihir asset is located on the Niolam Island, approximately 900 km from Port Moresby, Papua New Guinea (PNG). The Red Chris asset is located approximately 1,700 km from Vancouver, Canada. The Telfer asset is located approximately 400 km from Port Hedland, WA. The Wafi-Golpu asset is located approximately 65 km from the city of Lae, PNG.


ASX:NCM - Post by User

Comment by miningmanon Feb 12, 2020 10:20pm
159 Views
Post# 30683243

RE:RE:RE:RE:RE: A pretty fair even well balanced summary

RE:RE:RE:RE:RE: A pretty fair even well balanced summary Rockem ,   whats  your  point???  On  any given day ,  miners are mucking  from seven  different stopes.   Without a shadow  of a doubt,  some stopes average  8  gram ,  some  12 gram  and some  5 gram.  THe  mix changes daily.  If the mill is to fed at  2700,  3200,  3500,  3900    tpd,  mining crews cannot be too selective.  There is probably some  3 and 4 gram  also  mined as well as a liittle  bit of  16  or 20  gram  material  as well.   Results  over the last 12 months have proven  that only  9  grams  was attainable,   It  is  now  proven  that  high grading  has been  taking place  so  something  less than  9  grams is as much  as can  now be expected,  So  again ,  whats  your point??
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